>> we have more reason to trust insurers than the obama administration. they're just trying to keep their heads down. >> now, instead of having an actual system making sure that the t's are crossed and is are dotted we're going on an honor system. insurers going to tell them this is how much taxpayer money i want. we're going cut checks. >> real area is in the size of the subsidies. that is where the true honor system is. there was a report issued today that says if the irs didn't have a system to check what your income is, and that is going to incentivize a lot of americans to say i didn't make that much money this year, give me a bigger check. that is where fraud is >> my head is switching just in this segment. thank you for being here. before this news broke, the president attempted to hit the reset button on his health care law. the law works. really? how does it work exactly if there is no mechanism for payment for coverage? you heard him go out there and defend the law in familiar ways. he did it when the approval rating hit a record low to cording